According to official sources, Merlin Chain, a Bitcoin Layer 2 solution, announced the launch of a MERL token staking program, offering a fixed annual yield of 45%, with a 6-month lock-up period and the ability to claim rewards at any time. Additionally, the first 1000 addresses participating in this fixed-term staking (as of June 20) will receive a 7-day limited-time early bird reward with an annual percentage rate (APR) of up to 200%, with the early bird reward expected to be distributed on June 21.
It is reported that Merlin Chain has conducted three PoS Prestage staking activities, with a cumulative 108 million MERL tokens participating in flexible staking. The newly launched fixed-yield plan will run parallel the to15staiming options for long-term MERL holders. In the future, Merlin Chain plans to expand its staking mechanism, including introducing staking pools and supporting multi-asset staking, to enhance network security and participation.
